The increase in the key rate by the Central Bank to 18 percent will correct the situation with bank deposits.
According to Konstantin Ordov, deposits will now become more profitable and attractive to investors.
The director of the Higher School of Finance at the Plekhanov Russian University of Economics spoke about this in an interview with Lenta.ru .
He explained that bank deposits would be the most profitable investment option today.
Ordov recalled that previously banks did not want to increase the terms of deposits. However, now the situation has changed.
The tightening of monetary policy may last for more than one month.
Therefore, banks will want to offer more favorable conditions for long-term deposits.
Ordov also advises taking advantage of deposit offers and investing in reliable financial instruments.
